Samantha Hurst

GROUNDFLOOR Launches Pilot Program to Encourage Accessory Dwelling Unit (ADU) Growth in Atlanta

  Real estate crowdfunding platform GROUNDFLOOR announced earlier this week a new pilot program to spur the development of more accessory dwelling units (ADUs) in the Atlanta jurisdictions. According to GROUNDFLOOR, the initiative is designed to support developers who seek financing for the renovation or new construction… Read More

U.S. Financial Service Platform Provider NYMBUS Announces New Industry Advisory Board

NYMBUS, a U.S. financial service platform provider, announced on Friday that Rilla Delorier and John Janclaes have joined its new industry advisory board. According to NYMBUS, the inaugural team of executives will provide valuable perspectives for helping more financial institutions accelerate their digital growth with… Read More

Global Fintech Drip Capital Surpasses $1 Billion in Cross-Border Trade Receivable Financing Transactions

Drip Capital, a global fintech, announced on Friday it has financed more than US$1 billion of cross-border trade through its online platform.  Founded in 2015, Drip Capital is on a mission to solve the “work capital problem” for SME exporter using technology. “Trade finance is… Read More

Hyland Joins Forces With Hedera Hashgraph to Present Blockchain Proof of Concept for Records Verification to Texas Secretary of State

  Hyland, a content services provider for organizations across the globe, announced earlier this week it has joined forces with Hedera Hashgraph, an enterprise-grade public ledger, to presented a proof of concept to the Texas Secretary of State to evaluate blockchain technology for the purpose… Read More

Fountainhead Signs Deal to License Biz2X SBA Platform for Paycheck Protection Program Loans & Other SBA Programs

Small Business Administration (SBA) lender Fountainhead recently announced it has signed a new deal to license Bix2X SBA platform for Paycheck Protection Program loans, as well as other SBA programs. Founded in 2015, Fountainhead describes itself as a nationwide direct lender specializing in SBA 504,… Read More

Online Lending Platform Blend Raises $300 Million Through Series G Funding Round; Doubles Valuation to $3.38 Billion in Five Months

U.S. online lending platform Blend announced earlier this week it secured $300 million through its Series G funding round, which was led by Coatue and Tiger Global. The company reported that it has doubled its valuation to $3.3 billion in just five months. Blend previously… Read More

Canadian Fintech Mogo Milestone: Helps More Than 1.1 Million Canadians Improve Their Financial Health

  Canadian fintech Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) announced on Thursday ended 2020 with more than 1.1 million members, placing it among the largest fintech companies in Canada by total members. Founded in 2003, Mogo describes itself as a digital challenger to the banks in Canada,… Read More

Toronto-Dominion Bank Announces Acquisition of Wells Fargo’s Canadian Direct Equipment Finance Business

  Toronto-Dominion Bank (TD Bank) announced on Thursday it has signed a definitive agreement to acquire Wells Fargo’s Canadian Direct Equipment Finance business. TD reported that the acquisition of Wells Fargo’s Canadian Direct Equipment Finance business is expected to add scale and capabilities to its… Read More

X1 Card Raises $12 Million Through Latest Investment Round Led By Spark Capital

  XI Card, a U.S.-based smart credit card company, announced on Thursday it raised $12 million through its latest investment round, which was led by Spark Capital with participation from Jared Leto, Box CEO Aaron Levie, Yelp CEO Jeremy Stoppelman, Affirm CEO/PayPal Co-Founder Max Levchin,… Read More

Overfunding: Bitstocks’ Crowdcube Round Quickly Surpasses £500,000 Funding Target

Bitstocks, a UK-based bitcoin market advisory and cryptocurrency investment firm, has successfully secured its initial £500,000 through its equity crowdfunding campaign on Crowdcube. Founded in 2014, the company stated that while it serves as an investment house for retail bitcoin investors, its core purpose and… Read More

Update: Solar Product Designer Solivus Set to Close Seedrs Campaign With More Than £1.26 Million Secured

    Solivus, a UK-based startup that designs and creates solar products for the home and bespoke solar solutions for businesses, is set to close its equity crowdfunding campaign on Seedrs with £1.26 million secured. The funding round, which made its debut last month, originally sought to raise… Read More

U.S. Fintech Vesica Raises $2.1 Million Through Seed Funding Round

U.S.-based fintech Vesica announced earlier this week it raised $2.1 million through its seed funding round, which included investments from Mercury Digital Assets and Miami International Holdings. Vesica shared its flagship product, SHIFT, empowers traders with a “front page view” of financial markets by providing… Read More

Digital Mortgage Platform Stavvy Announces Integration With Encompass Digital Lending Platform

    Stavvy, a digital mortgage platform, announced this week its eSigning and eClose solutions are now available through ICE Mortgage Technology’s Encompass Digital Lending Platform. According to Stavvy, the integration allows lenders to access the solutions directly through Encompass’ platform to drive quality and efficiency… Read More

LendingPoint Secures $125 Million Growth Investment From Global Private Equity Firm Warburg Pincus

LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, announced on Thursday it secured a $125 million growth investment from global private equity firm, Warburg Pincus. Founded in 2014, LendingPoint explained that it is committed to redefining who is able to… Read More

CardFlight Announces Small Business Pay Solution Expansion With SwipeSimple Register Product Line Addition

  CardFlight, a U.S.-based SaaS payment technology company, announced on Wednesday the addition of the SwipeSimple Register product line to its hardware offerings. According to CardFlight, the product will feature the following models: SwipeSimple Register 8: has an expanded 8-inch touchscreen that delivers full POS/cash… Read More

Rewards Network Partners With Womply to Facilitate Restaurant Applications for the Next Round of Paycheck Protection Program Loans

   Rewards Network, a provider of financing, marketing, and loyalty services to the restaurant industry, announced on Wednesday it has formed a partnership with software and API company serving local businesses and app developers Womply to facilitate restaurant applications for the next round of Paycheck… Read More

BitGo Appoints Former Coinbase Executive Jeff Horowitz as New Chief Compliance Officer

BitGo, a digital asset financial services provider, announced on Wednesday it has appointed Jeff Horowitz as its new Chief Compliance Officer (CCO). According to BitGo, Horowitz recently served as COO for Coinbase. He will oversee BitGo’s Compliance and AML programs across the entire enterprise to… Read More

Crypto.com Teams Up With Booking.com to Offer Exclusive Travel Discounts

  Hong Kong-based Crypto.com announced earlier this week it has teamed up with Booking.com to deliver travel deals to all Crypto.com users, available exclusively inside the Crypto.com App. According to Crypto.com, users who make Booking.com reservations in the App can now enjoy up to 25% off… Read More

Walgreens Joins Forces With Synchrony & Mastercard to Launch Credit/Debit Cards

  Walgreens announced on Wednesday it is expanding its financial services offering in partnership with Synchrony (NYSE: SYF) and Mastercard (NYSE: MA), as part of its ongoing commitment to offer differentiated healthcare services and benefits to customers. The retailer reported that in the coming months,… Read More

U.S. Fintech MX Secures $300 Million Through Series C Financing Round; Increases Valuation to $1.9 Billion

  U.S.-based money experience company MX announced on Wednesday it has raised $300 million in a Series C funding round led by a $150 million investment from TPG Growth with additional participation from new and existing investors including CapitalG, Geodesic Capital, Greycroft, Cota Capital, Canapi Ventures, Digital Garage, Point72… Read More

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